Trump says that his one-on-one meeting with North Korean leader Kim Jong Un was "very, very good" and that the two have an "excellent relationship". "And we'll see how far we get, but I'm very optimistic", he continued.

"Nice to meet you, Mr. President", Kim was overheard telling Trump.

"I'm very optimistic that we will have a successful outcome from our meetings tomorrow", he said. "I don't think Trump's off-the-cuff remarks can do more harm than they already have in previous settings, but given his reportedly short temper, a meeting that leaves him frustrated could set a bad mood over the summit proceedings". "And it's my honour and we will have a terrific relationship I have no doubt".

The new year began with another televised address from Kim, this time involving threats of a "nuclear button" on the North Korean leader's desk.

"The way coming here was not easy", Kim said. After Kim made clear that he would be leaving Singapore by the end of the day, the White House announced that Trump would depart in the evening after delivering his afternoon news conference.

President Trump and Kim Jong Un signed a document Tuesday asserting that the USA president would provide unspecified "security guarantees" to Kim in exchange for the North Korean leader's "unwavering commitment to complete denuclearization of the Korean peninsula".

As for where Kim will spend the night, he's opted for the St. Regis Singapore, where it is believed he has checked into the hotel's $11,500-a-night Presidential Suite.

Kim Jong Un previously committed to the denuclearization of the Korean peninsula in April's Panmunjom Declaration, signed by the North Korean leader and South Korean President Moon Jae-in.

He said: "We have had substantive and detailed meetings to date, including this morning with the North Koreans". "Probably, all the attention of our people is on Singapore".

Officials of the two sides held last-minute talks to lay the groundwork for the summit of the old foes, an event nearly unthinkable just months ago, when they were exchanging insults and threats that raised fears of war. The former National Basketball Association player visited Pyongyang five times since the North Korean leader took charge. Trump himself was cagey at first, hinting to reporters that negotiations would be ongoing when it came to denuclearization. Pyongyang's weapons program benefits from forced labor.

The key will be whether the two leaders can narrow their differences over the definition of denuclearization.

Mr Trump later said the United States would suspend its military exercises that have infuriated North Korea, which analysts see as an apparent concession. "If diplomacy does not move in the right direction- and we are hopeful that it will continue to do so- those measures will increase".

Dozens of cameras snapped photos as the two men first came together in front of a background of USA and North Korean flags.

Rodman's trip was sponsored by PotCoin, a cryptocurrency company that gives marijuana businesses access to banking as an alternative to many financial institutions that will not do business with cannabis companies because marijuana is illegal under USA federal law. But the North has long sought an end to the U.S. military presence in the South, where Washington has around 28,000 troops stationed to protect it from its neighbour.

The North Korea leader said through a translator that the document "heralds a new start, leaving the past behind".

That was a reversal from the administration's previous all-or-nothing stance.

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